Cardano (ADA) To Light Up The Crypto Sphere in 2018 – Here Is Why

What is Cardano (ADA) and how will it perform in 2018? The answer to both questions is simply this – Cardano is going to be the next big thing.

Why? Read on to get the A-Z of why Cardano and its token coin ADA should be on top of your portfolio additions for 2018.

At a time when cryptocurrency has had one of its longest price corrections, many crypto experts, investors, and the ever excited media have all trained their focus at the top of the chain. For most of them, the crypto market revolves around Bitcoin, Ethereum, Litecoin, and Ripple: not much attention is given to the trailing pack. But if we should only spare a few minutes of our time to steal a quick glance over our shoulders!

Not far behind crypto’s pacesetters is a little known Cardano (ADA) coin. Why is it set to galvanize cryptocurrency? The short answer is this: Cardano combines all the top coins into one, leveraging blockchain technology and science to develop a project that will run the entire cryptocurrency ecosystem.

Remember Bitcoin and its problems over the years? Scalability issues with the blockchain?; bloating transaction fees; and the destabilizing effect of an increasingly centralized mining system?

Why is Cardano going up?

Blockchain technology is in its third phase and spearheading version 3.0 is Cardano, launched in 2015 but built in phases till 2017. As such, we can say it is a new kid on the block. But this does not mean anything; you may be quick to point out. Cryptocurrency is a tricky terrain and value is everything, as some of the ardent supports of the big three remind me. While I agree to some extent to these sentiments, here is why Cardano is going to light up crypto sphere

The team behind Cardano (ADA) built it from scratch, coded the protocol in the excellent Haskell language and everything is peer-reviewed by top-notch scientists. Why is this important for ADA? It gave the developers a chance to build something that avoided the mistakes of generation 1 and 2 blockchain. Bitcoinbeginner, a reputable cryptocurrency site had an article that referred to Cardano as “the next big thing”

And it’s easy to see why. Layered technology makes it upgradable and flexible, uniquely placed for wide adoption as both a cryptocurrency and a platform. The use of Haskell means that Cardano’s code is verified mathematically and therefore leaving it more secure.

If you code a program on Cardano, it will be verified whether it is being done properly thereby avoiding errors and possible bugs that can threaten the network. Cardano is unlikely to see hacks like the DAO which was because of an error in Ethereum’s code. Just for this reason, Cardano will eventually have more dApps and Smart Contracts, further driving its value up. As the Cardano ecosystem grows, so will it’s token ADA. It’s not hard to imagine ADA rising to a value close to or just beyond $100 by end of 2018.

Ethereum may have been blockchain2.0, but Cardano (ADA) is set to top that with the new features that would make it the obvious choice for dApps and Smart Contracts.

Other features that make Cardano attractive to investors as a cryptocurrency and platform are Ouroboros and Daedalus. Ouroboros is blockchain’s first when it comes to using of scientific means to ascertain whether the proof-of-stake algorithm is error-proof. The Daedalus wallet will have several functionalities, making it ideal for every possible use on the blockchain. This dedicated wallet can be adopted for any cryptocurrency use as well as providing app store services.

Let’s not forget the role of science in the Cardano project. Cryptocurrency and science combine to give us the best of Bitcoin, Ethereum, and Litecoin; all on one platform. We all know how scientific research and technological revolution has led to innovation beyond man. That same effort is being put into the Cardano project. The result is that we have a cryptocurrency capable of driving the blockchain ecosystem to new heights.

Cardano coin is currently ranked as the 5th biggest cryptocurrency based on market cap. It is expected that the ADA coin will gain in valuation as more users begin to adopt Cardano’s system. By Q2 of 2018, the cryptocurrency is projected to be trading at over $30, potentially rising to nearly $100 by end of the year.

Is this trust being seen in the adoption of ADA coin? I’d like to think so. Cardano’s token coin dipped just like everyone else over January. However, it has maintained a smooth recovery to trade at above $0.37 a big leap from its all-time low of $0.019. ADA has a current Market cap of $9.5 billion.

While the focus will in the short-term be on how Bitcoin recovers, Cardano (ADA) will silently scale the ladder to light up the crypto sphere.

I am not 100% sure but they have been talking about decimal points on there value vs others. Sorry I cant explain but Hoskinson has talked about this in some of his talks, and I heard something about burning some. Again I am not an expert on this but I have listened to every video that Hoskinson has put out and these are the 2 items some have picked up, and may be why they are touting those numbers. Dont beat me up to much if I sound stupid OK? Im just passing what i have heard via videos from Hoskinson Cardano and I could have interpreted them wrong. Peace Out

First put in your mind the way Ada has been created for Japan, yen amounts
1 = 100 Yen 1 = 100 cent
then 1 cent = 1 Yen

the Yen the smallest unit in the Japanese currency also the cent the smallest unit in US dollar
from this point the smallest amount of Japanese currency we can use yen and in this Project they want to fit the whole Japanese currency in to Ada cryptocurrency that’s mean it will keep increase the price with the demand to reach the point of 1 Lovelaces smallest unit in Ada
to the same value of smallest unit in Japanese currency 1 Yen

1 Ada = 1,000,000 Lovelaces

when we do the same thing to bring the total of available units in Ada it gonna be
45,000,000,000 x 1,000,000 = 45,000,000,000,000,000 Lovelaces as total
from the point that 1 Lovelaces = 1 Yen = 1 cent that’s lead to 45,000,000,000,000,000 cent
which is 450,000,0000,000,000 USD which is mean that is the value of the max supply of Ada

now to get the value of the one Ada is the total value in USD divide by the max supply
450,000,0000,000,000 / 45,000,000,000 = 10,000 USD for one Ada

from other way from what they mentioned those unbelievable smart guys in a very simple why look at it ,
their example was talking about 25 Billion Ada to explain when you talk about money unit for Ada

as what saw earlier the whole project in Japanese yen and the large than USD to go from Yen to USD we need to divided by 100 that’s simple take us from 25B to 250M and the other thing Ada has six digits from the decimal not eight for Bitcoin that’s also going to adjust one more time and goes to 2.5 M ADA you know what they mean simple they saying if you want to look at the Ada as units in this example is 25 billion Ada but as a value its equal to 2.5 M Ada that’s mean as money 2.5 Million Ada money unit worth 25 billion Ada unit do the math 25B/2.5M = 10,000 $

even better with this price even we didn’t talk about the current phase Ada fees which is will be destroyed and also we didn’t put the factor of more than 13 Billion Ada not even minted yet i mean it will go much over 10,000 $ very easily these to things will drive the price insanely high , I promise you guys that’s what will happen i believe in the project , the Idea and even the most is the amazing team behind it , good luck guys

Dude, every Cardano hodler will be happy if Cardano will be $3 next year and $5 in 2020. Stop dreaming nonsences. If you divide market cap by circulating supply you will get price per coin. So now, market cap is around 10 billions. So if people will spend another 10 billions on Cardano coins, the price will be 2x ($0.78). Now to put in perspective – people have to spend additional 240 billion USD dollars on Cardano in order to have $10 price per coin. Also, 250 billion market cap is 100 billion higher than IBM market cap. Maybe this can happen someday, but not in the near future. Also, Cardano at $100 would have 2.5 trillion market cap. And today, not even Apple biggest and most valued company in the world don’t have 1 trillion market cap. Yes, the same Apple, who has invented PC, iphone, iPad, iPod, etc.

Please have in mind, that now is 10 years when we have smartphones, and only less then half of the world have them. So for crypto to reach same market penetration will take at least 10 more years.

So, having this in mind. There’s no chance in hell for Cardano to go beyond 5 USD in near future. Also, every year there’s a lot of new projects coming in existence and Cardano don’t have any working project. Maybe tomorrow somebody will introduce „better cardano“ with working product, and everyone will forget Cardano. It’s not like they making something really special and unique. There’s already 5 projects trying to do the same (all of them don’t have any working product). But as I said, somebody can join the crypto world with working product and this will be end for Cardano